Can Trade Be Fair

Trade Not Aid – A Rallying Cry That Sounds Like A Good Idea.

Trade Not Aid – This has become a rallying cry for a number of causes and businesses. It sounds like a good idea, particularly as it appeals to the Protestant ethic of work over charity as the preferred means of economic advancement. But both terms in the equation are loaded with history and ambiguity. This two-part essay dissects the argument and demonstrates that some aid is detrimental and some trade is beneficial but like with everything else in the world, simple formulations are simplistic and simplistic ideas are dangerous.